Common use of Reservation of Rights & Ownership of Developed Materials Clause in Contracts

Reservation of Rights & Ownership of Developed Materials. WKFS and its Affiliates and any applicable licensors, retain all intellectual property and other proprietary rights, including all patent, copyright, trade secret, trade name, trademark, and other proprietary rights, related to the Application which are protected under United States intellectual property laws and international treaty provisions. Any unauthorized use of any Application will result in cancellation of this Agreement as well as possible civil damages and criminal penalties. Customer is not permitted to use “Wolters Kluwer Financial Services, Inc.,” “WKFS,” “TeamMate” or any other trade or service marks of WKFS or any of its Affiliates in Customer’s announcements, advertising or other materials unless expressly agreed to in writing by an authorized representative of WKFS. Customer acknowledges and agrees that WKFS and its Affiliates and any applicable licensor’s retention of contractual and intellectual property rights is an essential part of this Agreement. WKFS and its Affiliates and any licensor (as applicable) will own and Customer hereby assigns to WKFS all rights in (i) any copy, translation, modification, adaptation or derivative work of the Application, including any improvement or development thereof, whether provided as part of Support, Services or otherwise, and whether or not developed by or for the Customer, and (ii) any suggestions, ideas, enhancement requests, feedback, or recommendations provided by or on behalf of Customer.

Reservation of Rights & Ownership of Developed Materials. WKFS Wolters Kluwer and its Affiliates and any applicable licensors, retain all intellectual property and other proprietary rights, including all patent, copyright, trade secret, trade name, trademark, and other proprietary rights, related to the Application which are protected under United States intellectual property laws and international treaty provisions. Any unauthorized use of any the Application will result in cancellation of this Agreement as well as possible civil damages and criminal penalties. Customer is not permitted to use “Wolters Kluwer Financial Services, Inc.Kluwer,” “WKFSCCH,” “TeamMateiFirm” or any other trade or service marks of WKFS Wolters Kluwer or any of its Affiliates in Customer’s announcements, advertising or other materials unless expressly agreed to in writing by an authorized representative of WKFSWolters Kluwer. Customer acknowledges and agrees that WKFS Wolters Kluwer and its Affiliates and any applicable licensor’s retention of contractual and intellectual property rights is an essential part of this Agreement. WKFS Wolters Kluwer and its Affiliates and any licensor (as applicable) will own and Customer hereby assigns to WKFS Wolters Kluwer all rights in (ia) any copy, translation, modification, adaptation or derivative work of the Application, including any improvement or development thereof, whether provided as part of Support, Services or otherwise, and whether or not developed by or for the Customer, and (iib) any suggestions, ideas, enhancement requests, feedback, or recommendations provided by or on behalf of Customer.

Reservation of Rights & Ownership of Developed Materials. WKFS CCH and its Affiliates and any applicable licensors, retain all intellectual property and other proprietary rights, including all patent, copyright, trade secret, trade name, trademark, and other proprietary rights, related to the Application which are protected under United States intellectual property laws and international treaty provisions. Any unauthorized use of any Application will result in cancellation of this Agreement as well as possible civil damages and criminal penalties. Customer is not permitted to use “Wolters Kluwer Financial Services, Inc.CCH INCORPORATED,” “WKFSCCH,” “TeamMateCCH ProSystem fx,” “CCH Axcess” or any other trade or service marks of WKFS CCH or any of its Affiliates in Customer’s announcements, advertising or other materials unless expressly agreed to in writing by an authorized representative of WKFSCCH. Customer acknowledges and agrees that WKFS CCH and its Affiliates and any applicable licensor’s retention of contractual and intellectual property rights is an essential part of this Agreement. WKFS CCH and its Affiliates and any licensor (as applicable) will own and Customer hereby assigns to WKFS CCH all rights in (i) any copy, translation, modification, adaptation or derivative work of the Application, including any improvement or development thereof, whether provided as part of Support, Services or otherwise, and whether or not developed by or for the Customer, and (ii) any suggestions, ideas, enhancement requests, feedback, or recommendations provided by or on behalf of Customer.